Just a week after under-pressure womenswear giant Gerry Weber reported falling sales but said its turnaround was on track, it has parted with one of its top execs its share price has fallen as a result.
Rewe’s loss is C&A’s gain. Alain Caparros, the supermarket chain’s CEO, leaves this month and it was announced Wednesday that he will become European CEO at Dutch-German fashion retail giant C&A as of August 1.
Former Cole Haan executive J. Michael Prince has been appointed as the new Chief Operating Officer of USPA Global Licensing Inc. (USPAGL) and will head its $1.5 billion dollar US Polo Assn. apparel brand.
Bonobos founder and CEO Andy Dunn will also join Walmart to oversee the retailer's digitally native vertical brands. The Bonobos acquisition is part of Walmart's plan to enhance its e-commerce presence.
Brioni and Kering have appointed Nina-Maria Nitsche Creative Director of the Italian luxury menswear label, where she will handle the fashion house's collections and image, the French group said on Thursday.
British Vogue fashion director Lucinda Chambers will be replaced by Venetia Scott, the first of what are likely to be several changes at the glossy title in the wake of Edward Enninful’s appointment as editor-in-chief.